<ARTICLE> 5 <CIK> 0001018752 <NAME> WHISPERING PALMS COUNTRY CLUB JOINT VENTURE <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> MAR-30-1998 <CASH> 11,359 <SECURITIES> 0 <RECEIVABLES> 1,351,266 <ALLOWANCES> 112,553 <INVENTORY> 163,293 <CURRENT-ASSETS> 964,182 <PP&E> 29,528,353 <DEPRECIATION> 4,700,997 <TOTAL-ASSETS> 26,378,383 <CURRENT-LIABILITIES> 500,515 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 15,171,820 <TOTAL-LIABILITY-AND-EQUITY> 26,378,383 <SALES> 857,609 <TOTAL-REVENUES> 3,991,151 <CGS> 316,970 <TOTAL-COSTS> 2,835,218 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 4,998 <INTEREST-EXPENSE> 14,196 <INCOME-PRETAX> 486,907 <INCOME-TAX> 0 <INCOME-CONTINUING> 486,907 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 486,907 <EPS-PRIMARY> 0 <EPS-DILUTED> 0